SOLDRetail
Wafra Inc & Pine Tree Acquire Retail Property On 180 Ken Pratt Blvd In Longmont, CO For $73.8M
180 Ken Pratt Boulevard, Longmont, Colorado 80501, United States
$73,800,000
$200/SF
Building Size
367,918 SF
Asset Type
Retail
Closing
Oct 31, 2022
AI
The retail property located at 180 Ken Pratt Blvd in Longmont, CO has been sold. The property encompasses 36 acres of land. The transaction took place on November 1, 2022.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $73,800,000
- Square Footage: 367,918
- Price per Square Foot: $201
- Address: 180 Ken Pratt Blvd, Longmont, CO
- Market: Longmont, CO
The buyer of the property is Wafra Inc & Pine Tree, and the deal was facilitated by JLL as the broker.
Longmont Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93